LAPO supports farmers, boosts rural agriculture with N23.5b
The Lift Above Poverty Organisation (LAPO) says it has improved the livelihood of rural farmers, as well as supported micro businesses with a disbursement of N23.5b between January and December 2022, under the LAPO Rural Development Initiative (LARDI).
The Executive Director of the organisation, Dr. Honestus Ayobami Obadiora expressed delight that the beneficiaries who were hitherto subsistence farmers and small-scale business owners have extended their farmlands and businesses with improved income for family upkeep and savings for the future.
He said through the support, LAPO has addressed the challenges limiting farmers’ productivity and income, as well as business expansion and growth such as non-availability of inputs for improved farm yield and limited access to finance.
According to him, the organisation has built the capacity of rural farmers and business owners through on-farm demonstration, workshop and training programmes.
“Since inception in 2007, LARDI has disbursed N70tr to 262,977 clients in 303 branches across 22 states. The mandate of the organisation is to improve the income, food security and general living conditions of rural households, particularly women-headed households and youths,” he said.